Impairment of goodwill
{"Image DocumentName": "Impairment of goodwill", "Image ImageDescription": "Impairment testing. Requirement to amortise goodwill was removed in 2005 and replaced with requirement to undertake annual \u2018impairment testing\u2019 AASB 3 (par. 55) Goodwill acquired in a business combination shall not be amortised. Instead, the acquirer shall test it for impairment annually, or more frequently if events or changes in circumstances indicate that it might be impaired, in accordance with AASB 136 \u2018mpairment of Assets. AASB 136 (par. 124) An impairment loss recognised for goodwill shall not be reversed in a subsequent period.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}